Nortek moves into the black in 2Q

NORTEK INC. reported net income of $18.5 million, or $1.19 per diluted share, during the second quarter of 2012. / COURTESY NORTEK
NORTEK INC. reported net income of $18.5 million, or $1.19 per diluted share, during the second quarter of 2012. / COURTESY NORTEK
PROVIDENCE – Nortek Inc. reported net income of $18.5 million, or $1.19 per diluted share, during the second quarter of 2012, compared with a net loss of $31.9 million, or $2.11 per diluted share a year earlier, the company announced late Thursday. The residential and commercial ventilation maker saw a 9 percent increase in sales…
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